press enter »
placeholder
placeholder

IMF cuts eurozone growth forecasts again on energy inflation risks
IMF cuts eurozone growth forecasts again on energy inflation risks

IMF cuts eurozone growth forecasts again on energy inflation risks

The International Monetary Fund warned Thursday that the energy price shock from the Middle East war, now in its fourth month, would drag down eurozone growth more than it previously expected, while pushing up inflation further. Even if surging oil and gas prices are "temporary", the fund said consumer confidence would weaken amid more persistent energy